Legg Mason Cash Flow - Annual (NYSE:LM)

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$31.44 $0.13 (0.41%) LM stock closing price Aug 17, 2018 (Closing)

The Legg Mason cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Legg Mason debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Legg Mason revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Legg Mason saw a cash impact of $-464.51M from the buyback of LM shares. The cash flow statement helps in the Legg Mason stock analysis by providing more information for evaluating changes in assets, liabilities and equities. Legg Mason has a positive cash and cash equivalents change of $2.42M.

View details of Legg Mason cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Apr - Mar2018201720162015201420132012201120102009
Net Income Cash Flow
336.35M286.7M-32.91M242.7M281.83M-359.74M231.03M245.76M210.98M-1.95B
Depreciation Depletion Amortization Cash-Flow75.8M85.9M434.43M59.36M65.88M91.14M98.34M107.28M153.33M181.24M
Net Increase (Decrease) in Assets Liabilities-33.09M75.26M-30.08M118.91M-71.14M70.45M51M-64.61M986.52M-763.19M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net113.88M91.9M83M147.12M160.74M501.48M116.38M123.7M76.88M2.97B
Net Cash from (used by) Operating Activities
492.93M539.77M454.45M568.11M437.32M303.33M496.76M412.14M1.43B437.88M
Increase (Decrease) in Prop Plant And Equipment-37.34M-39.97M-40.33M-45.77M-40.45M-38.35M-31.82M-32.9M-84.11M-130.95M
Acquisition Disposition of Subsidiaires-2.95M-990.95M-234.05M-136.74M1.35M-55.27M---190.89M112.47M
Increase (Decrease) in Investments9.06M8.28M8.74M-182.52M89.85M19.87M-11.56M-40.71M-1.75B
Other Cash Inflow (Outflow) from Investment Activities-7.74M2.98M21.06M-25.57M-5.8M-7.24M14.28M-39.04M677M
Net Cash from (used by) Investment Activities
-38.97M-1.02B-244.56M-208.04M137.62M-11.02M2.33M-44.47M-276.68M-1.09B
Issuance (Purchase) of Equity Shares-464.51M-372.16M-199.61M-332.23M-334.39M-434.83M-397.25M-431.02M4.99M31.98M
Issuance (Repayment) of Debt Securities-500M699.79M-66.19M-239.74M18.46M-1.01M-3.51M-554.91M659.85M
Increase (Decrease) in Bank & Other Borrowings125.5M-40M40M---250M----250M
Payment of Dividends & Other Cash Distributions-102.17M-123.75M-85.1M-70.81M-61.96M-55.25M-43.6M-26.81M-48.24M-135.87M
Other Cash from (used by) Financing Activities-21.1M-80.95M10.69M-37.82M-2.96M-14.28M-39.9M-7.11M-148.56M-4.81M
Net Cash from (used by) Financing Activities
-462.29M-116.87M465.77M-507.06M-639.07M-735.89M-481.78M-468.46M-746.72M301.14M
Effect of Exchange Rate Changes on Cash10.75M1.35M-16.08M-41.48M-10.89M-5.63M-10.97M10.82M19.48M-27.2M
Net Change in Cash & Cash Equivalents
2.42M-595.41M659.57M-188.47M-75.01M-449.22M6.34M-89.97M423.8M-379.08M
Cash & Equivalents at Beginning of Year733.7M1.33B669.55M858.02M933.03M1.38B1.38B1.47B1.08B1.46B
Cash & Equivalents at Year End736.13M733.7M1.33B669.55M858.02M933.03M1.38B1.38B1.51B1.08B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Legg Mason stock price history and Legg Mason stock comparison chart inevitably reflect its cash flow situation.

  • Legg Mason has cash of $736.13M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Legg Mason stock price.
  • The cash generated from the core business or operations was a positive at $492.93M for Legg Mason in the latest 2018. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-38.97M for LM stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $-462.29M for Legg Mason.

Key Financial Ratios For Legg Mason Cash Flow